Banque Misr to raise $500 million via Bond Sale
Banque Misr, Egypt's second-largest state-run bank, plans to raise US$500 million via a dollar-denominated bond on…
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Banking Sector
Egyptian Banking Sector registers $262 bln end 2014: Official
The volume of Egyptian banking sector recorded EGP2 trillion (US$ 262 billion) at the end of 2014,…
Technical Financial Inclusion Provides LE 37 Bln Into Banking Sector: Hanafy
Minister of Supply Khaled Hanafy said the government has sought to make some economic reforms through policies and…
Bank Audi-Egypt Pumps EGP260mn in Favor of EGPC’s EGP10bn Loan
Bank Audi –Egypt has participated with EGP260 million stake in the directed loan for Misr Petroleum Company and…
Vodafone Egypt Seeks Inking Loan worth EGP4bn with 7 Banks
Vodafone Egypt is seeking to sign loan worth EGP4 billion with 7 banks in banking sector before the end of the…
No Intentions to Get IMF Loan – Egypt C.Bank Chief
Central Bank of Egypt's Governor Hisham Ramez asserted on Tuesday evening that his country has no intentions to…
Fitch Affirms Saudi Arabia Ratings at ‘AA’; Outlook Stable
Fitch Ratings has affirmed on Friday Saudi Arabia's Long-term foreign and local currency Issuer Default Ratings…
UAB, World Bank to Trace Size of Arab Funding for SMEs Projects
Wissam Fattouh, Secretary General of Union of Arab Banks said the Union has recently signed an agreement with the…
EBC in Talk with 2 Egyptian Banks to Launch Money Transfer Service
Egyptian Banks Company for Technological Advanced (EBC) negotiates with two banks operating in the banking sector…
Moody’s Says Egypt Banking Sector Outlook Still Negative
The outlook for Egypt's banking system is negative because of political instability and banks' increasing exposure…
